Asia

Avaada Group has signed a Memorandum of Understanding (MoU) with Tata Steel Special Economic Zone Ltd to establish a green hydrogen and ammonia production unit at Gopalpur Industrial Park in Odisha

Through the viability gap funding (VGF) scheme, the Indian government targets the development of 4 GWh of battery energy storage systems (BESS) by 2030-31. The selection of BESS developers for VGF grants will be carried out through a transparent, competitive bidding process.

Jakson Green has won utility-scale renewable EPC projects in West African, the Gulf Cooperation Council (GCC), and Commonwealth of Independent States (CIS) countries, in addition to significant solar contracts in Madhya Pradesh and Gujarat.

WattPower has inaugurated a string solar inverter factory with an annual production capacity of 10 GW in Chennai, Tamil Nadu.

The state-owned power finance company will utilize the proceeds to fund power, infrastructure, and logistics sector projects.

The Indian government is considering financial incentives such as viability gap funding and green finance to encourage the adoption of energy storage systems in the country. It may also issue an Approved List of Models and Manufacturers (ALMM) mandate for battery storage systems for power sector applications.

AmpIn Energy Transition’s 30 MWp Mishrikh PV project will supply 4.5 MW of solar power to Allana Group’s Aligarh plant in Uttar Pradesh.

Tata Motors is expanding on-site solar power capacity at its Pune commercial vehicle manufacturing facility to 20.73 MWp with the addition of a 12 MWp project. Tata Power Renewable Energy will develop the project.

Indian Renewable Energy Development Agency Ltd (IREDA) and India Infrastructure Finance Co. Ltd (IIFCL) will engage in co-lending and loan syndication for all categories of renewable energy projects.

The city will meet 10% of its electricity requirements from solar power in four years.